Ian Schrager says Studio 54 could be recreated with a few key adjustments: more sophisticated technology, a new location, and more money.
Schrager told Business Insider the club would need to take advantage of new technology with more sophisticated visual effects and virtual reality, and that the club probably couldn't be in the same location.Studio 54, the legendary nightclub known for its wild parties and high-profile guests like David Bowie and Andy Warhol, was the pinnacle of New York City nightlife in the 1970s and early '80s.
"I'm not one of those that think that a place like Studio 54 couldn't be recreated today, even though it's 40 years later and it's in a different time," Schrager told Business Insider.But there would need to be a few key adjustments, he said, primarily to take advantage of new technology. The main issue with recreating a club today in the style of Studio 54 would be finding the right location, Schrager said. The original Studio 54 was in Manhattan's theater district, just a few blocks from Times Square.AP/G. PAUL BURNETT
"It would have to be a neighborhood with not a lot of neighbors," he said."Because it seems like in a city like New York, the neighbors don't have a lot of patience for the kinds of thing that come with a great nightclub. So that's changed.""Now, it's very difficult and the regulations have changed," Schrager said."I did my first nightclub with $27,000. Studio 54 cost $400,000.
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